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Economic News News 28 January 2026 - 1 February 2026

Berkshire Hathaway stock price beats the market into the weekend as Warsh Fed pick, shutdown loom

Berkshire Hathaway stock price beats the market into the weekend as Warsh Fed pick, shutdown loom

New York, Feb 1, 2026, 10:10 EST — Market closed. Berkshire Hathaway’s Class B shares climbed 0.9% to $480.53 on Friday. Class A shares edged up 1.0% to $722,500, finishing the week stronger despite broader market declines. With U.S. markets closed over the weekend, Berkshire shareholders face Monday amid a tangled backdrop of macroeconomic and political issues. For a stock…
Evolution Mining (ASX:EVN) share price slides 6% after gold rout — RBA decision, results next

Evolution Mining (ASX:EVN) share price slides 6% after gold rout — RBA decision, results next

Sydney, Feb 1, 2026, 17:16 AEDT — Market closed. Shares of Evolution Mining Ltd (EVN.AX) dropped 6.4% on Friday, closing at A$14.71, as Australian gold stocks suffered their biggest slump in three months amid profit-taking. Northern Star Resources also lost ground, slipping 1.9%. Marc Jocum, senior product and investment strategist at Global X ETFs, noted, “The earnings season will be…
Citigroup stock price: $115.71 close sets up Monday as Fed pick, inflation data loom

Citigroup stock price: $115.71 close sets up Monday as Fed pick, inflation data loom

NEW YORK, Jan 31, 2026, 16:02 EST — Market closed Citigroup shares ended Friday 0.44% higher, closing at $115.71. (Bloomberg) President Donald Trump announced Friday he has chosen former Fed governor Kevin Warsh to replace Jerome Powell as Federal Reserve chair when Powell steps down in May. For banks, expectations around interest rates directly impact net interest income — the…
XRP price tumbles 11% as Warsh Fed pick shakes crypto; jobs report next

XRP price tumbles 11% as Warsh Fed pick shakes crypto; jobs report next

Karachi, January 31, 2026, 22:40 PKT — Session ongoing as scheduled. By 17:13 GMT, XRP had dropped to $1.5564, plunging 11.19% on the day—its steepest one-day decline since Oct. 10, 2025. Bitcoin was down 4.65%, and ether tumbled 11.40%. XRP’s market cap shrank to roughly $97.9 billion, per Investing.com data. (Investing) Investors are reevaluating the backing risky assets might receive…
Dow Jones slips on Warsh Fed pick and inflation data — what to know before Monday’s open

Dow Jones slips on Warsh Fed pick and inflation data — what to know before Monday’s open

New York, Jan 31, 2026, 12:02 (EST) — Market closed U.S. markets are closed for the weekend. On Friday, the Dow Jones Industrial Average slid 179.09 points, or 0.36%, finishing at 48,892.47 and marking a 0.4% drop for the week. Still, January showed a 1.7% gain — the Dow’s ninth consecutive monthly rise. Investors digested Donald Trump’s plan to nominate…
Rocket Companies stock slides 14% after PennyMac miss; RKT traders brace for Fed pick fallout and jobs data

Rocket Companies stock slides 14% after PennyMac miss; RKT traders brace for Fed pick fallout and jobs data

New York, January 31, 2026, 06:51 ET — Markets have officially closed. Rocket Companies (RKT) shares tumbled 13.67%, closing at $17.93 on Jan 30, the session before the weekend. Trading volume hit roughly 87 million shares—over three times the stock’s 50-day average. UWM Holdings also dropped 13.86%, as both the Nasdaq and Dow ended the day lower. (MarketWatch) Rocket found…
Coca-Cola stock price climbs as investors duck into staples on Warsh Fed pick jitters

Coca-Cola stock price climbs as investors duck into staples on Warsh Fed pick jitters

NEW YORK, Jan 30, 2026, 15:31 EST — Regular session Coca-Cola shares climbed $1.20, settling at $74.63, up roughly 1.6%, after peaking at an intraday high of $74.70. The shift happened as investors piled into “consumer staples” — firms selling everyday essentials — while U.S. stocks dropped amid uncertainty over the Fed chair nomination, along with mixed earnings and inflation…
Newmont stock price slides as gold plunges after Trump taps Kevin Warsh for Fed

Newmont stock price slides as gold plunges after Trump taps Kevin Warsh for Fed

New York, Jan 30, 2026, 13:53 EST — Regular session Newmont shares plunged on Friday, dragged down by a swift drop in gold that deflated a packed trade in precious-metals miners. The stock closed in on a 12% loss at $111.64, after starting the day at $118.35 and hitting a session low of $111.27. Gold took a sharp hit. Spot…
Dow Jones slides more than 400 points after Trump taps Kevin Warsh for Fed chair, hot producer prices add pressure

Dow Jones slides more than 400 points after Trump taps Kevin Warsh for Fed chair, hot producer prices add pressure

New York, Jan 30, 2026, 13:35 EST — Regular session The Dow Jones Industrial Average dropped sharply on Friday following Donald Trump’s nomination of Kevin Warsh to head the Federal Reserve, while new inflation figures dampened expectations for rapid rate cuts. By 11:58 a.m. ET, the Dow had fallen 421.27 points, or 0.86%, settling at 48,650.29. (Reuters) Investors are debating…
Dow futures slide before Trump’s Fed chair pick, setting up a choppy Dow Jones open

Dow futures slide before Trump’s Fed chair pick, setting up a choppy Dow Jones open

New York, Jan 30, 2026, 06:01 EST — Premarket Dow futures dropped Friday as investors braced for President Donald Trump’s pick for the next Federal Reserve chair—a move that could swiftly shift interest-rate expectations. By 04:51 a.m. ET, Dow E-minis were down 456 points, or 0.93%, while S&P 500 E-minis slid 1.04% and Nasdaq 100 E-minis fell 1.31%. Susannah Streeter,…
Wall Street’s Fed Day: US stock futures rise as traders eye today’s economic calendar and Big Tech earnings

Wall Street’s Fed Day: US stock futures rise as traders eye today’s economic calendar and Big Tech earnings

New York, Jan 28, 2026, 06:45 EST — Premarket U.S. stock index futures ticked higher early Wednesday, with chipmakers pushing the gains as traders braced for a Federal Reserve announcement and a packed earnings calendar. By 5:40 a.m. ET, S&P 500 E-minis were up 0.36%, Nasdaq 100 E-minis climbed 0.9%, and Dow E-minis inched 0.06% higher. Nvidia added 1.7%, Intel…
Oil prices hover near four-month high after U.S. storm froze exports; inventories and OPEC+ next

Oil prices hover near four-month high after U.S. storm froze exports; inventories and OPEC+ next

NEW YORK, Jan 28, 2026, 06:35 (EST) — Premarket Oil prices eased on Wednesday after a storm-driven rally, with traders still focused on near-term supply disruption risk. Brent crude was down 35 cents, or 0.5%, at $67.22 a barrel, while U.S. West Texas Intermediate (WTI) slid 21 cents, or 0.3%, to $62.18. (Oilprice) Both benchmarks settled about 3% higher on…

Stock Market Today

  • Nihon Knowledge Co., Ltd. (TSE:5252) Stock Rises 36% Despite Modest ROE and Earnings Growth
    February 2, 2026, 8:05 PM EST. Nihon Knowledge Co., Ltd. (TSE:5252) has seen its stock climb 36% over three months. The company's return on equity (ROE), a profitability measure showing earnings relative to shareholder capital, stands at 7.9%, below the 14% industry average. Despite this modest ROE, Nihon Knowledge posted a net income growth of 6.5% over five years, lagging the industry's 12% average. The stock's recent surge may reflect factors beyond fundamentals, such as management strategies or low dividend payouts. Investors should consider whether current valuations already reflect these growth expectations before making investment decisions.
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